These 25 metro areas have the highest homeownership rates in the US

Interesting slide shows about the world Slideshow World by [ArcaMax](?ezine=782&r=8FgUpWTxmApY0SBesamRQtJyNKBf0FbSt1FLJZ-cjVhDOjMyNzAwODM2NDpKOjIxNjM5MDU6TDo3ODI6UjozMTg4Mjc6Vjo0Ng) [These 25 metro areas have the highest homeownership rates in the US]( Chandler Franks [ These 25 metro areas have the highest homeownership rates in the US ]( [See full slideshow »]( Purchasing a home is quite possibly one of the most important investments in a person's life. It's a dream for many, and in the last few years, the housing market skyrocketed as prospective homebuyers flooded the housing market. Many were motivated by historically low interest rates and had flexibility due to remote working to widen their search field. The high demand in a low-inventory home market led to increased competition, bidding, and record-breaking sales as well. In the first quarter of 2022, the national homeownership rate was up at 65.4%. Homeowners are classified as anyone who owns a home or takes out a mortgage. Rates for homeownership depend on a variety of factors, such as location. The homeownership rate is highest in the Midwest, followed by the South, where the cost of buying a home is more affordable than in the Atlantic and Pacific Coast states. Real estate platform ZeroDown analyzed data from the U.S. Census Bureau'sHousing Vacancies and Homeownership Survey to find which metropolitan areas had the highest homeownership rate during the first three months of 2022 and how it's changed from the same time one year ago. Metropolitan areas include the main city and its surrounding towns and suburbs. The Census collects data on the 75 largest metros. Ties were broken using the percentage point change in the homeownership rate from the year before. Visit thestacker.com for similar lists and stories. [Tweet It]( - [Facebook It]( [ Binge Celebrity Gossip! ] Binge Celebrity Gossip! Get the most interesting celebrity news daily with the new Binge Gossip newsletter. You'll be the first to read about the most interesting events from the personal lives of the rich and famous. [Subscribe Now Instantly]( -- From the ArcaMax editors More Slideshow World from ArcaMax.com - [10 casino movie myths debunked]( - [What free college looks like in the US]( - [25 over-the-top Christmas displays from across America]( [Click To Unsubscribe]( | [Customer Service]( | [Privacy Policy]( | [California / Nevada Privacy Info]( 1706 Todds Lane, Box 311, Hampton, VA 23666 Copyright © 2022 ArcaMax Publishing [Facebook]( [Twitter](/ArcaMax)